In a filing, Ur-Energy Inc. revealed its Director FRANKLIN JAMES M. unloaded Company’s shares for reported $18260.0 on Jan 30 ’24. In the deal valued at $1.83 per share,10,000 shares were sold. As a result of this transaction, FRANKLIN JAMES M. now holds 616,133 shares worth roughly $1.02 million.
Then, FRANKLIN JAMES M. sold 5,000 shares, generating $8,627 in total proceeds. Upon selling the shares at $1.73, the Director now owns 616,133 shares.
Before that, FRANKLIN JAMES M. sold 50,527 shares. Ur-Energy Inc. shares valued at $77,640 were divested by the Director at a price of $1.54 per share. As a result of the transaction, FRANKLIN JAMES M. now holds 616,133 shares, worth roughly $1.02 million.
B. Riley Securities initiated its Ur-Energy Inc. [URG] rating to a Buy in a research note published on February 02, 2024; the price target was $3. A number of analysts have revised their coverage, including FBR Capital’s analysts, who began to cover the stock in early September with a ‘”an Outperform”‘ rating. Rodman & Renshaw started covering the stock on August 10, 2011. It rated URG as “a Mkt outperform”.
Price Performance Review of URG
On Monday, Ur-Energy Inc. [AMEX:URG] saw its stock fall -2.37% to $1.65. Over the last five days, the stock has lost -2.37%. Ur-Energy Inc. shares have risen nearly 7.14% since the year began. Nevertheless, the stocks have risen 81.74% over the past one year. While a 52-week high of $2.01 was reached on 02/05/24, a 52-week low of $0.82 was recorded on 03/14/24. SMA at 50 days reached $1.6374, while 200 days put it at $1.5014. A total of 2.2 million shares were traded, compared to the trading of 3.73 million shares in the previous session.
Levels Of Support And Resistance For URG Stock
The 24-hour chart illustrates a support level at 1.6300, which if violated will result in even more drops to 1.6100. On the upside, there is a resistance level at 1.6800. A further resistance level may holdings at 1.7100. The Relative Strength Index (RSI) on the 14-day chart is 48.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0288, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.82%. Stochastics %K at 33.33% indicates the stock is a holding.
The most recent change occurred on December 30, 2010 when Rodman & Renshaw resumed its ‘”a Mkt outperform”‘ rating for the stock and retained the price target to $4.25.
